Billionaire investor Carl Icahn offered $20 million in financing on Thursday to keep the Trump Taj Mahal from becoming the fifth casino to close this year in New Jersey's troubled Atlantic City, was once the only major destination for gamblers on the U.S. East Coast.
Deals
Xerox to sell IT outsourcing arm to France's Atos for $1.05 billion
Xerox Corp (XRX.N) said it agreed to sell its information technology outsourcing arm to French IT services firm Atos SE (ATOS.PA) for $1.05 billion, sending its shares up almost 4 percent in late trade on Thursday.
Alcatel-Lucent shares jump 8 percent on Nokia merger report
Two of Europe's top three remaining telecommunications equipment companies, Nokia Networks (NOK1V.HE) and Alcatel-Lucent (ALUA.PA), have revived talks on a possible merger, Germany's Manager Magazin reported on Thursday, citing company sources.
Couche-Tard aims for top convenience store spot with Pantry buy
Canada's Alimentation Couche-Tard Inc (ATDb.TO) will buy smaller U.S. rival Pantry Inc (PTRY.O) for about $861 million, a deal that positions it as one of the top convenience store operators in North America.
Thai Union Frozen to buy North American tuna firm Bumble Bee for $1.5 billion
Thai Union Frozen Products PCL (TUF.BK), the world's largest canned tuna producer, said on Friday it has signed an agreement to acquire 100 percent of North American tuna company Bumble Bee Foods for $1.51 billion from a private equity firm.
Latest News
Deutsche Bank AG (DBKGn.DE) said it would review its strategy in 2015 after a business magazine said it was considering major changes, possibly including the sale of its Postbank-branded (DPBGn.DE) retail unit and a revision of its profit targets.
China's JD.com Inc (JD.O) has partnered Gap Inc (GPS.N) to sell the U.S. clothing retailer's apparel online in China, as the Beijing-based e-commerce company goes head to head with Alibaba Group Holding Ltd (BABA.N) to woo big foreign fashion names.
Brazilian tycoon Abilio Diniz is in talks with Carrefour SA about buying a stake in the French retailer's Brazilian unit, a source with direct knowledge of the situation said on Wednesday.
Anglo American Platinum has received a 4.5 billion rand ($385 million) offer for its 49 percent stake in the Bokoni mine in northeast South Africa, a source said on Wednesday, pushing its shares higher.
Veracode, a cyber security company that helps companies protect Internet applications from hackers, has selected underwriters to lead a potential initial public offering that could value it between $600 million and $800 million, according to people close to the matter.
Shares in Cheil Industries Inc (028260.KS), the de facto holding company of Samsung Group, doubled on its debut on Thursday in the latest in a series of steps toward generational succession for South Korea's largest conglomerate.
Movie maker Lions Gate Entertainment Corp executives last summer tried to meet with Sony Corp CEO Kazuo Hirai to discuss a possible merger or acquisition, according to emails found in documents stolen by hackers.
A senior Hitachi Ltd (6501.T) executive confirmed the company has bid for Italian conglomerate Finmeccanica's (SIFI.MI) train-making and rail signal assets.
Chinese Internet giant Baidu Inc (BIDU.O) agreed to buy a stake in Uber as the online car-hailing service seeks to gain ground on rivals with powerful backers in one of the world's biggest transportation markets.
